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Retirement Planning

Retirement Planning

Picking the Best Date to Retire as Federal Employees

Many federal employees want to retire as soon as possible. But before you act too soon, it’s good to consider the impact that your retirement date will have on your benefits.    Note: Before picking a retirement date, it is important to know that you are eligible to retire first. Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

The Easiest Ways Federal Employees Can Retire Early

A common question among federal employees is, “when is the earliest I can retire?” It would be great to have a simple answer to that question. Federal employees have the ability to retire at many different ages depending on their years of service and what benefits they prefer to have Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

Annual Leave Payout Taxed at 40%?

Surprise! You know that lump sum payment you get at retirement for any unused annual leave?   The government wants to take back 40%-ish of it.    But there are some things you can do to keep a bigger slice.    The Problem   I recently got this question from Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

The BIGGEST Reasons Feds Retire at 62

Have you noticed that so many federal employees retire at 62?   Is that just a coincidence or do they know something you don’t?    Here are the 4 HUGE reasons why federal employees retire at 62.    5 Year Magic   To leave the government and keep some of Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

How to Maximize Your Annual Leave Payout

If you do it right you will walk away from the government with a large lump sum check.   But you got to know what you are doing to maximize it.    The key is your Annual Leave.    How it Works   When FERS employees retire they are given Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

What is the Best Age for Federal Employees to Retire?

These are the golden retirement ages for federal employees: 57, 60, or 62   But what makes these ages so special?    What age is the absolute best?   Let’s dive in.    Magic Benefits   The magic of these ages is the fact that many of your federal retirement Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

The BIGGEST Reasons Feds Retire at 57

There are a couple of Golden Retirement Ages that are extremely popular.    Age 57, 60, and 62 are the biggest ones.   But there are 3 very specific reasons that people like retiring at 57   Minimum is The Maximum   Why do so many people leave the government Read more…

By dallenhaws4, 2 years2 years ago
FERS Pension

Most Important Decisions You Make at Retirement (Irrevocable!!)

Some decisions in life are forgiving and some are not.  Some decisions have undo buttons attached while others are irreversible.  Many of these irrevocable decisions are made all at the same time: Retirement!  Here is a breakdown of what these decisions are so you can get them right.  The Big Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

How to Never Run out of Money in Retirement

Everyone has the same goal in retirement: Don’t run out of money! But there are numerous different strategies that are used to ensure your money will last. Here are 3 of the most popular strategies. Sacred Principle The first strategy is the simplest.  It is simply to only spend your Read more…

By dallenhaws4, 2 years2 years ago
Retirement Planning

If You Plan to Work after Federal Retirement, Watch this First!

If you are planning to retire and never work again (for money) then things are pretty simple for you. But if you are planning to work in retirement there are some major pitfalls you are going to want to avoid. Don’t Fail The Test Both the FERS supplement and Social Read more…

By dallenhaws4, 2 years2 years ago

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